As of 1 January 2017, the Age Pension entitlement rules are changing and it may impact the sustainability of retirement lifestyles. More than 300,000 people who receive an Age Pension are effected by these rule changes and will receive a letter from Centrelink stating how their entitlements are affected after 1 January 2017.
We have been discussing the impact of these changes with a number of our clients to establish how it affects their desired retirement lifestyle. In many cases we have developed strategic plans to meet their retirement goals
If you believe this may effect you or would like to discuss your retirement goals further, please call our office on 03 9603 0066. You do not have to be in receipt of the Age Pension payments to review these goals as you may receive some payment in the future. Understanding how the Age Pension can contribute to your future is of benefit.
